Segall Bryant & Hamill LLC Raises Holdings in Enerpac Tool Group Corp. $EPAC

Segall Bryant & Hamill LLC boosted its position in Enerpac Tool Group Corp. (NYSE:EPAC) by 30.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 253,112 shares of the company’s stock after acquiring an additional 58,677 shares during the period. Segall Bryant & Hamill LLC’s holdings in Enerpac Tool Group were worth $10,378,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. AQR Capital Management LLC increased its position in Enerpac Tool Group by 29.5% during the 1st quarter. AQR Capital Management LLC now owns 27,208 shares of the company’s stock valued at $1,221,000 after purchasing an additional 6,203 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Enerpac Tool Group by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,370 shares of the company’s stock worth $1,452,000 after purchasing an additional 1,425 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Enerpac Tool Group by 24.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 217,195 shares of the company’s stock worth $9,743,000 after acquiring an additional 42,835 shares in the last quarter. Jane Street Group LLC raised its position in shares of Enerpac Tool Group by 32.8% in the 1st quarter. Jane Street Group LLC now owns 131,506 shares of the company’s stock worth $5,899,000 after purchasing an additional 32,491 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new position in Enerpac Tool Group in the 2nd quarter worth about $202,000. 97.70% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Enerpac Tool Group in a research note on Monday, December 29th. William Blair assumed coverage on shares of Enerpac Tool Group in a report on Friday, January 16th. They issued a “market perform” rating for the company. Finally, Wall Street Zen cut Enerpac Tool Group from a “buy” rating to a “hold” rating in a research report on Saturday, December 20th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $52.00.

Enerpac Tool Group Stock Up 0.2%

EPAC opened at $40.16 on Thursday. The stock has a market capitalization of $2.12 billion, a price-to-earnings ratio of 24.05 and a beta of 0.96. The firm has a 50 day moving average price of $40.92 and a 200-day moving average price of $40.59. Enerpac Tool Group Corp. has a twelve month low of $35.01 and a twelve month high of $47.27. The company has a quick ratio of 2.14, a current ratio of 2.83 and a debt-to-equity ratio of 0.42.

Enerpac Tool Group (NYSE:EPAC) last posted its earnings results on Wednesday, December 17th. The company reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01). The company had revenue of $144.21 million during the quarter, compared to the consensus estimate of $146.45 million. Enerpac Tool Group had a return on equity of 22.46% and a net margin of 14.64%.During the same period last year, the firm posted $0.40 EPS. Equities research analysts forecast that Enerpac Tool Group Corp. will post 1.78 earnings per share for the current year.

Enerpac Tool Group Company Profile

Enerpac Tool Group Corp. (NYSE: EPAC) is a global provider of high-pressure hydraulic tools, controlled force products and precision positioning equipment. The company’s products and solutions enable customers in manufacturing, energy, infrastructure, transportation and construction to lift, move, position and secure heavy loads with safety and accuracy. Enerpac’s core portfolio includes hydraulic pumps, cylinders, torque wrenches, torque multipliers, flange spreaders, tensioners and portable bolting tools, complemented by electric and pneumatic tools for a wide range of industrial applications.

In addition to its extensive product lines, Enerpac offers integrated systems and services such as engineered lifting solutions, custom skidding and spreader beam assemblies, mobile bolting units and digital monitoring platforms.